Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It’s weird your FIL doesn’t understand the kids woukd like something tangible at Xmas.

How hard would it be to put in a $25 or $50 amazon card.

Hey kids I’ve made more contributions to your college fund for your future. I know you wont need that till you’re 18. So please buy yourself something fun from Amazon too.

Just hold back $50 bucks contribution and get gift cards. That’s a much nicer thing to do and the kids look forward to their Amazon gifts too.

Agree but the kid has no manners. He might have even scoffed at $50.

I don't think so. The kid was set up to fail. One off event does not make him a bad person.

Seriously, who gets excited with a blank card. My mom will send a “love mom” card. It takes literally zero effort. Why even bother?

Anonymous wrote:

Anonymous wrote:Beyond telling your son he was rude you should have told him how ashamed you were by his callous ingratitude. You should tell him that someday when he's old enough to have enough life experience and maturity he'll feel shame when he thinks about what he did and you only hope his grandfather will still be alive to offer him the sincere apology he deserves. I don't think you son is as good a person as you assume.

I think it’s a little extreme to say he’s “not a good person.” But I do think it’s a helpful incident for OP to reframe her understanding of her family’s wealth compared to her son’s. OP believes they are “not wealthy.” But her son has grown up with the perspective and outlook of a privileged, wealthy child- one who doesn’t understand the value of the fact he will never, ever be burdened with student loan debt and nor will his parents. There is a HUGE divide between how OP views their family and how her son was actually brought up- he has an entitled because … well, he IS entitled.

He’s probably not a bad person. But the moment is sticking with OP because it has highlighted her cognitive dissonance. She is NOT raising working or middle class kids who have an awareness of privilege and wealth and what that will do for their lives. She is raising privileged, wealthy northern Virginia kids who are acting as such.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I agree with above poster that this has nothing to do with the college fund. This is more about the 14 year old being rude to his grandfather - the same exact situation without the college fund still would have been rude. I think the focus should be being kind to the grandfather (and others?), instead of being grateful about the college fund.

This. He was rude to his grandfather and the whole family by disrupting Christmas.

The kid was rude for sure and even doubled down.
The parents disrupted Christmas with their reaction. Not the kid.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It’s weird your FIL doesn’t understand the kids woukd like something tangible at Xmas.

How hard would it be to put in a $25 or $50 amazon card.

Hey kids I’ve made more contributions to your college fund for your future. I know you wont need that till you’re 18. So please buy yourself something fun from Amazon too.

Just hold back $50 bucks contribution and get gift cards. That’s a much nicer thing to do and the kids look forward to their Amazon gifts too.

Agree but the kid has no manners. He might have even scoffed at $50.

I don't think so. The kid was set up to fail. One off event does not make him a bad person.

Anonymous wrote:

Anonymous wrote:I agree with above poster that this has nothing to do with the college fund. This is more about the 14 year old being rude to his grandfather - the same exact situation without the college fund still would have been rude. I think the focus should be being kind to the grandfather (and others?), instead of being grateful about the college fund.

This. He was rude to his grandfather and the whole family by disrupting Christmas.

Anonymous wrote:

Anonymous wrote:It’s weird your FIL doesn’t understand the kids woukd like something tangible at Xmas.

How hard would it be to put in a $25 or $50 amazon card.

Hey kids I’ve made more contributions to your college fund for your future. I know you wont need that till you’re 18. So please buy yourself something fun from Amazon too.

Just hold back $50 bucks contribution and get gift cards. That’s a much nicer thing to do and the kids look forward to their Amazon gifts too.

Agree but the kid has no manners. He might have even scoffed at $50.

Anonymous wrote:

Anonymous wrote:It’s weird your FIL doesn’t understand the kids woukd like something tangible at Xmas.

How hard would it be to put in a $25 or $50 amazon card.

Hey kids I’ve made more contributions to your college fund for your future. I know you wont need that till you’re 18. So please buy yourself something fun from Amazon too.

Just hold back $50 bucks contribution and get gift cards. That’s a much nicer thing to do and the kids look forward to their Amazon gifts too.

Agree but the kid has no manners. He might have even scoffed at $50.

Anonymous wrote:It’s weird your FIL doesn’t understand the kids woukd like something tangible at Xmas.

How hard would it be to put in a $25 or $50 amazon card.

Hey kids I’ve made more contributions to your college fund for your future. I know you wont need that till you’re 18. So please buy yourself something fun from Amazon too.

Just hold back $50 bucks contribution and get gift cards. That’s a much nicer thing to do and the kids look forward to their Amazon gifts too.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I honestly don't understand why everyone is giving mom & dad a pass.

The 529 contribution is a gift to THEM!

They are angry because they think FIL will stop giving THEM money.

The parents have apparently made it clear to the kid over-and-over that FIL gives THEM $$$s every year that goes into a college account. Why have they mentioned this? Because they are so fearful the money train will end.

Kid was rude, OP said he apologized already. The only reason OP is making this such a huge deal is because of the $$$s.

I disagree in this case. A 529 is a gift to the son and the siblings, not just to the parents. Money is fungible and it allows the whole family to use their resources efficiently to meet needs and wants. OP’s son is obviously benefitting from his parent’s financial resources. If the kids were living a frugal life and OP and her husband were keeping their own money for themselves, I’d feel differently. Now $35k in 529’s can be transferred to a Roth IRA. So the son will benefit from his grandfather’s gift regardless if he attends college.

I get that…but it’s freeing up a ton of money the parents can now use for their own savings and retirement.

The vast majority is indirectly going to them…if the FIL wasn’t contributing, they would be on the hook.

This exactly! OP even said the college $ would have had to come from their retirement.

So, basically, the kid was getting college either way. Under the OP’s way, grandpa’s gift is going straight into her pocket and the kid has to be grateful.

A college degree benefits the recipient directly, not the parents or the grandparents. It is the height of entitlement to assume otherwise.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I honestly don't understand why everyone is giving mom & dad a pass.

The 529 contribution is a gift to THEM!

They are angry because they think FIL will stop giving THEM money.

The parents have apparently made it clear to the kid over-and-over that FIL gives THEM $$$s every year that goes into a college account. Why have they mentioned this? Because they are so fearful the money train will end.

Kid was rude, OP said he apologized already. The only reason OP is making this such a huge deal is because of the $$$s.

I disagree in this case. A 529 is a gift to the son and the siblings, not just to the parents. Money is fungible and it allows the whole family to use their resources efficiently to meet needs and wants. OP’s son is obviously benefitting from his parent’s financial resources. If the kids were living a frugal life and OP and her husband were keeping their own money for themselves, I’d feel differently. Now $35k in 529’s can be transferred to a Roth IRA. So the son will benefit from his grandfather’s gift regardless if he attends college.

I get that…but it’s freeing up a ton of money the parents can now use for their own savings and retirement.

The vast majority is indirectly going to them…if the FIL wasn’t contributing, they would be on the hook.

This exactly! OP even said the college $ would have had to come from their retirement.

So, basically, the kid was getting college either way. Under the OP’s way, grandpa’s gift is going straight into her pocket and the kid has to be grateful.

This is kind of right. My grandmother gave us the $10,000 a year for Christmas each year. It’s really a gift to the parents who don’t have to fork over a penny for their kids’ college. It’s a huge gift to them, not to the kid. Of course he should say thank you and be grateful, but it’s not really a gift to the kid.

I disagree, parents paying for college is not a right or necessity. If they’re willing to do so, that’s awesome. But it’s (today at least) not at all the norm. You either earn merit aid, get scholarships, or take out loans. That is the norm.

However if the kid knows that either Grandpa is going to pay, or Mom and Dad will… then yeah. I can actually understand even moreso how that logic of “this is a gift to my parents” would be rational for the kid to think.

DCUM is not the place to make this argument. OP should have posted on Reddit or some other forum.

The DCUM demographic is overwhelmingly full pay for their kids’ college.

You are correct in general…but OP locked the wrong forum.

Anonymous wrote:Beyond telling your son he was rude you should have told him how ashamed you were by his callous ingratitude. You should tell him that someday when he's old enough to have enough life experience and maturity he'll feel shame when he thinks about what he did and you only hope his grandfather will still be alive to offer him the sincere apology he deserves. I don't think you son is as good a person as you assume.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I honestly don't understand why everyone is giving mom & dad a pass.

The 529 contribution is a gift to THEM!

They are angry because they think FIL will stop giving THEM money.

The parents have apparently made it clear to the kid over-and-over that FIL gives THEM $$$s every year that goes into a college account. Why have they mentioned this? Because they are so fearful the money train will end.

Kid was rude, OP said he apologized already. The only reason OP is making this such a huge deal is because of the $$$s.

I disagree in this case. A 529 is a gift to the son and the siblings, not just to the parents. Money is fungible and it allows the whole family to use their resources efficiently to meet needs and wants. OP’s son is obviously benefitting from his parent’s financial resources. If the kids were living a frugal life and OP and her husband were keeping their own money for themselves, I’d feel differently. Now $35k in 529’s can be transferred to a Roth IRA. So the son will benefit from his grandfather’s gift regardless if he attends college.

I get that…but it’s freeing up a ton of money the parents can now use for their own savings and retirement.

The vast majority is indirectly going to them…if the FIL wasn’t contributing, they would be on the hook.

This exactly! OP even said the college $ would have had to come from their retirement.

So, basically, the kid was getting college either way. Under the OP’s way, grandpa’s gift is going straight into her pocket and the kid has to be grateful.

This is kind of right. My grandmother gave us the $10,000 a year for Christmas each year. It’s really a gift to the parents who don’t have to fork over a penny for their kids’ college. It’s a huge gift to them, not to the kid. Of course he should say thank you and be grateful, but it’s not really a gift to the kid.

If the kid applied logic to it he would see it’s a gift to him.

First case: Let’s say the family has a net income of $100,000 per year. With three kids the parents would put $30,000 into accounts. That leaves $70,000 per year income. Sorry kid, you can’t go to the $15,000 camp, it’s too expensive.

Second case: Grandmother gives the kids $30,000 towards college. The family net income is $100,000 per year. They don’t have to worry about setting aside the $30,000. So kid would have the money to go to camp.

In this particular case, your logic is wrong bc OP says they’d reduce retirement saving to pay college.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I honestly don't understand why everyone is giving mom & dad a pass.

The 529 contribution is a gift to THEM!

They are angry because they think FIL will stop giving THEM money.

The parents have apparently made it clear to the kid over-and-over that FIL gives THEM $$$s every year that goes into a college account. Why have they mentioned this? Because they are so fearful the money train will end.

Kid was rude, OP said he apologized already. The only reason OP is making this such a huge deal is because of the $$$s.

I disagree in this case. A 529 is a gift to the son and the siblings, not just to the parents. Money is fungible and it allows the whole family to use their resources efficiently to meet needs and wants. OP’s son is obviously benefitting from his parent’s financial resources. If the kids were living a frugal life and OP and her husband were keeping their own money for themselves, I’d feel differently. Now $35k in 529’s can be transferred to a Roth IRA. So the son will benefit from his grandfather’s gift regardless if he attends college.

I get that…but it’s freeing up a ton of money the parents can now use for their own savings and retirement.

The vast majority is indirectly going to them…if the FIL wasn’t contributing, they would be on the hook.

This exactly! OP even said the college $ would have had to come from their retirement.

So, basically, the kid was getting college either way. Under the OP’s way, grandpa’s gift is going straight into her pocket and the kid has to be grateful.

This is kind of right. My grandmother gave us the $10,000 a year for Christmas each year. It’s really a gift to the parents who don’t have to fork over a penny for their kids’ college. It’s a huge gift to them, not to the kid. Of course he should say thank you and be grateful, but it’s not really a gift to the kid.

I disagree, parents paying for college is not a right or necessity. If they’re willing to do so, that’s awesome. But it’s (today at least) not at all the norm. You either earn merit aid, get scholarships, or take out loans. That is the norm.

However if the kid knows that either Grandpa is going to pay, or Mom and Dad will… then yeah. I can actually understand even moreso how that logic of “this is a gift to my parents” would be rational for the kid to think.

DCUM is not the place to make this argument. OP should have posted on Reddit or some other forum.

The DCUM demographic is overwhelmingly full pay for their kids’ college.

You are correct in general…but OP locked the wrong forum.